Conspiracy of distractions

It was a given that the McInsane campaign had no way to counter the effects of Obama's show last week. It is a known fact that the GOP [gathering old people] is not happy with their nominee and his last ditch efforts to smear the opposition. It could be called an act of desperation to name this unknown Palin as his running mate. It could also be called an act of senility that was 72 the other day saw nothing wrong in nominating somebody who was not properly vetted the way a normal VP candidate would have been. It could in fact be called an act of arrogance to his party to nominate a person who stands against most things of his party, in theory. It is a known fact that the GOP [getting old politicians] cares not one wit about us the common voter but more about their own personal power, wealth and status.

So how then do you take a week that all know will be nothing more than a week of repetitious boredom and turn it into something entirely different that will take the media's/public minds off of it? What could possibly be large enough to distract the masses from a forthcoming disaster?

First they tried with distraction and bellicose rhetoric over the misbegotten war in Georgia, a country that most of our citizens thought was one of their own states who could not understand how we let Atlanta be overtaken again. That did not work because Russia called their bluff and wiped the streets with the imbedded Israeli’s and American "consultants" that were stoking the fires. This plan to launch Mc Same to the top of the charts by showing his aggressive war monger attitude of how "Russia should be dealt with." What else could they possibly do? They are now desperate to think of a way to keep the current idiot in chief from making an appearance knowing full well how much the man is loathed by the majority of the country. Ideally they would come up with something to keep the even more detested vice president away as well. A two for one bonanza if they could pull it off. http://en.wikipedia.org/wiki/2008_South_Ossetia_war

Not stupid enough to use yet another false flag operation [aka 9/11] on the ever more suspecting public at this point in time, they needed something that was "eye candy" to cover their tracks. In a way what they did was stunning in its breadth showing how they care not a bit about human suffering to achieve their goals. One has to wonder if the opening pages of their playbook is entitle "Collateral Damage." For that is what the millions of people in the path of Gustav would become.

Gustov is a hurricane that every alleged newsperson, meteorologists and weather person, if, you could believe them "Formed Out Of Nowhere." Remember how each and every one of these talking heads was so surprised at the appearance of this system? Now anyone who even remotely watches these storms knows beyond a shadow of doubt that these systems originate a continent away as the form off the coast of Africa. Hurricanes do not come out of nowhere, that is a fact. Then lo and behold two days later yet another system mysteriously appeared "out of nowhere" yet again in almost the same exact location and she became known as Hanna. What are the odds that not one but two systems would pick out the same place in the vast Atlantic Ocean within a couple of days of each other? The answer quite simply is "NONE." That is unless the had help. http://www.usgs.gov/hazards/hurricanes/gustav/ or
http://news.nationalgeographic.com/news/2008/09/080902-gustav-timeline.html?source=rss

We do know for a fact that located in Gaskon Alaska there is located a farm of antennas that shoot electrical beams of energy into the sky to alter situations on the planet. We know that this system can cause earthquakes [pictures of skies over China BEFORE their latest biggest quake] cause tsunamis [Christmases past] and change the weather by causing floods, draughts, forest fires [1,100 lightening strikes in CA at one time???] and of course Hurricanes. The system is known as HAARP, High frequency Active Auroral Research. http://www.youtube.com/watch?v=QkLTzehttp://www.youtube.com/watch?v=MnRPZOUVhJ4sBxGE,

What a perfect place. In the middle of the Atlantic ocean there are no eyes. No sky-cams or blog reporters much less people with cell phones taking pictures of the sky. It is a totally isolated place where people with diabolical minds could feel to create anything they please without prying eyes. To show their hatred of the American population as a whole, not one system was created but two.

Why two you might ask? In the event the first did not prove to grow in intensity into the monstrosity they needed to create the perfect bait and switch away from the convention. If Gustov did not prove to have the potential to be “catastrophic in size and strength” it never hurts to have something else in the wings.

The bait was in the naming of a totally unknown inexperienced bimbo as Vice President. The switch was the now ever important dialogue in the urgency portrayed at the potential devastating effects of Gustov. Enter now the ever benevolent GOP [gang of pilferers] with their soon to be anointed leader to show how they are ever so willing to “sacrifice” their party convention for the “better good of the country.” They avoided the awkward appearances of the two most hated people in the country, the idiot in chief and his side kick, darth Vader because they both suddenly had “elsewhere” to be. Instantly two problems solved. Cover and excuse provided so now on with the show.

Now unable to be seen as having a “party” when so many people have the potential of having their lives ruined in a re-cap of the Katrina debacle what else do you do other than to transform your convention into something else. Now you make it into a “cause.” Your send your candidate into the danger zone [but not to close] to show his compassion and concern to accomplish nothing more than a “photo op.” Don’t forget the amount of disturbance a nominee creates when they go anywhere. It does indeed take a nine vehicle convoy for Mc Sip to even go and get his fix of Starbucks, so can you imagine what is required going to another state in a danger zone?

A political convention is now turned into a massive “fund raiser”, raising monies that will go into a company {Red Cross] that spends all of the donated money with all of the filthy rich business owners that have just donated the money to them in the first place. The image of “caring” and dedication to fellow countrymen is now portrayed over and over again on the quasi news. The ridiculous choice of vice president in now ignored because of course the news story of the day is thee forthcoming storm and its potential. And how wonderful the GOP [greedy old people] is for foregoing their regular convention schedule and transforming it into another “type of event.”

This just goes to show the lengths the GOP [goofy old pharts] will go to maintain their grip on the country no matter what it takes. It shows the unmitigated gall this party has to ensure that nothing will stand in their way to do as they please to ensure any outcome they want.

Sadly though the plan has apparently worked as the Main Stream Media [also owned and operated by members of the party there in attendance] has lapped up every single sound bite and photo op portrayed by the GOP [greedy old piranhas]. And even worse it appears that the public has fallen for it too and eaten it up hook like and Alaskan fishing boat sinker as well.

Luckily the storm has come to land and has not provide the nightmare scenario they hoped it would be. But they are not upset because their back-up Hanna is still headed towards us and will now act as a distraction after the convention to protect them from any adverse media conversation over they were a success or not.

So in the end it could appear the We The People will be treated to yet another pronouncement of

MISSION ACCOMPLISHED

FISA/What would Lucy think? a parody

Hello friends, I’m your Foreign Intelligence Surveillance Person,

Are you tired of government, run-down by worrying what it’s going to do to you next, listless as your apathetic congress people?

Do you poop out at parties when you casually tell people their phones are being illegally being tapped?

Are you unpopular for making endless phone calls to mindless interns in Washington who really don’t know what FISA stands for?

The answer to all your problems disappeared in this little bottle today labeled the new and approved Foreign Intelligence Surveillance Act.

Foreign Intelligence Surveillance Act contains Spying on your Telephone, your E-mails, your Cell phones, and anything else they can dream up.

Yes, with Foreign Intelligence Surveillance Act you can now breathe a sigh of relief. All you do is take a great big second thought before you do anything now.

Mmmmmmmmmmmmmmmmmmmmmmmmm. It’s such a tasty concept too.

Tastes just like candy!

Hey Barrack, Remember that day job? You know, that one you still get paid For!

Mr. Obama,

I hate to be the one to remind of this fact as it seems to have slipped your quite busy mind and schedule these days, but sir you still have a day job that we the very people you intend to have vote for you in a very short time are still paying your salary. And will all due respect sir you at this point in time are doing one miserable job.

If as you claim will all your fabulous plays on words with your talented moving speeches and claims of "change", why then as the current new "leader" of your party have you not been at the helm of your party assisting in putting this disastrous new FISA bill back under some hidden rock where it belongs.

You sir, could have, indeed should have been fore and center leading the debate if not a full filibuster demanding that this bill, both parts be sent back to the drawing boards in whatever dark back rooms they do these things until the retroactive immunity was removed.

But no, sir, you instead decided instead to err on the side of caution, to err on the side of this misguided atrocity that currently resides at 1600 Pennsylvania Avenue to score political points with the pundits and independent voters than all who have supported you up until now.

How is it possible that you sir, who claim to once have been a "Constitutional Professor" have the audacity to verbally claim that this new bill and attachments is in any way shape or form in any way good for our nation, its people or our system of government?

How can you sir with a straight face stand there and look into those television cameras which you have come to adore so well and tell the American people that you will have your Attorney General "look into" these matters once you have been elected.

You sir and most of us American citizens know this claim for what it is. A bald faced and outright LIE. Once this administration is out of office you sir will do nothing to chase them down, investigate any of the crimes they have or are currently committing for by then the fraud that is currently in office will have by then pardoned everyone involved, skipped the country and you will have bigger fish to fry and will not want to "distract" the country with things that are already "old news".

Perhaps sir, perhaps, maybe if you spent some of the time you were doing the job you were being paid to do, in lieu of gallivanting across the nation at such a break-neck speed in an attempt to garner voters you may have missed in the primary season, perhaps sir, you might find yourself in the position to stop this cable of criminals before they place us in the position of fighting yet another war.

Perhaps sir, if your priorities did not include deciding whether or not join the "mile high club" in giving your acceptance speech at the convention indoors as opposed to outdoors, or perhaps sir finding the time to give Access Hollywood an interview as opposed to actually being on the floor of the Senate to vote on an issue that actually matters. Say for instance the cutting in funds of Medicare payments to Doctors.

Perhaps sir if you actually arrived in your office or made your presence known on the floor of the Senate you might have an influence in the abomination of the Housing bill that your friend Senator Dodd is trying to shove thru post haste. Surely on your crowded airplane you must have heard some rumors over that little item haven't you? You have heard sir, that millions of people are being foreclosed on their homes? Yet this bill, just as the one before sir does more to help out bankers, hedge funds and all of the monied people than it does to help the everyday Joe. Why is that sir?

Why is it sir that all of the members of Congress in both houses have a tendency to circle the wagons and protect the big boys while ranting and raving how they are doing this all for the sake of "main street"? It is all very reminiscent of Regan's "trickle down" economics, a study in economics that went so very well for all of us little people, but i digress and get off point forgetting he is one of those past president's you so admire.

Perhaps sir if you spent some time at you day job you would be able to offer an explanation as to why the long term unemployment has fallen more than 37 percent over the last year? Or why sir US business are filing for bankruptcy at a faster rate than ever before? Or even sir why pension funds are suffering such huge losses?

As to the high price of oil, pain at the pump, your stance/changes on so many other topics they just leave more confused than when you began.

Sadly sir I am left to decide than at this point in time although you are a very gifted and talented speaker, they are nothing more than words.

When one sits back and re-listens to your speeches after you have finished, fast forwarding and eliminating all of the screaming and applause, getting down to the basics of what you have actually said, there is really nothing there.

There is absolutely no substance in anything you have said, no proposals of how you are going to do anything you are claiming to do, much less exactly how you intend to pay for all of this. Oh it's very easy to skate by and say "there is going to be some pain". Well sir, pardon me, we are in the process of eight years of some very painful things and none of it was ever promised to us.

I have listened to all of your speeches and i am sorry to say that at this late date still have no idea actually of what you intend to do about anything positively on anything other than your grand illusion of Change.

Well sir, Change is a concept, and illusion and movement or a slogan.

The state our country is in at this very moment sir none of the above is going to help us very much and to you sir, i suggest perhaps it is time you get off the campaign trail for a couple days a week and go find out what your day job was all about.

Remember that was the place that started your endeavor and should you fail, well where you just may wind up back again.

Stimulus Checks: What have we done?

It's to late now, the damage is done, all of the checks have gone out and by now all of the money has been spent either filling up the gas tanks or paying down credit cards debt.

Not exactly what the planners of this debacle had in mind when they floated this proposal before the gulable public and congress, but yet it was quickly gobbled up as a viable solution to help "jump start" a then simply "sagging" economy. Nobody had a clue how bad it was yet to get.

No one that is except the people behind the curtain manipulating all of the strings that gyrate our economy on a daily basis. You know, the ones that are capable of bailing out a major financial entity over a weekend behind the doors scheme that ever so subtly winds up costing taxpayers a mere $30 billion. Pocket change some might say. Yet is was done " to protect the market" claim others with outright indignation when we dare to question their actions, as we should.

These same behind the curtain movers and shakers ever so slightly pulling and playing the ever so taunt strings of the economy taunt, borrowing the $150 billion to pay for this stimulus so that we lowly peons could have some relief from our daily burdens. How very kind and gracious of them to think so kindly upon us.

What else could posibly be going on behind the curtains that we mere mortals are not privilaged to see?

We now know for a fact, after the fact, that we have been spied on by our very government contrary to laws that were put in place to prevent them from doing just that. Yet now there is a quasi battle going on for our benifit on the floor of Congress to update these very same laws to "prevent" these abuse from "ever, ever" happening again.

The sticking point seems to be retroactive immunity for the telecom agencies that helped the person at 1600 do his spying. Why is this an issue? Well, it appears we are to grant immunity on an issue that we have no idea of what they were doing, why they were doing it, but the most troubeling of all is that they were doing it all well in ADVANCE OF 9/11/01. Why?

Since September 11, 2001 we have had an assault on our personal freedoms the likes never encountered in our entire history, which made it very ironic todday to sit and listen to these elected persons rant and rave today on the floor of the Senate.

Rather than taking care of business, which they had quite a bit to take care of, they instead took the time to read inane pieces of ancient history extolling the wonders of our Declaration of Independence. The very document under attack the day they are wasting time telling C-Span how wonderfull it was that it was created.

Why for heavens sake was it so important in their reading of documents to extoll the facts that the Jewish religion has been so pervasive and invasive in our politics since the 1700's. I had no idea that Apaic was around that long and had an influence over President Washington way back then, imagine that. Were they persecuting the Palestinian people back then too? Or were they just starting out as lobbyist's at that time, collecting monies to become an influential group?

Which brings us back to the stimulus checks and the unknown consequenses I fear we may have allowed to happen.

Think about a few things that have happened in the last few years for a moment: American citizens can now be arrested, taken away to undisclosed locations, unable to contact an attorney or families, labled an "enemy combatant" and detained indefinatly at the choosing of the president. We now have the patriot Acts parts one and two, the military commisssions act, a homeland security department, Northcom, a new and expanded FEMA, a continuity of government program in place, programs for and in preperation for avian flu or pandemic outbreaks, we have secret plans behind the security and prosperity programs held between the usa canada and mexico which we are told to be "harmless", the NAFTA superhighway where roads are being built, funded and supported by Spain contrary to our sovereignty. Local and state governments are so short of cash they too are "leasing" the roads to outside countries to now become toil roads for the income and the list is a mile long.

A national ID card is on the table, bio-metrics is in the works, chip implantaion is their next wet dream and we have walked into their program hook line and blindfold sinker by agreeing to and signing up for these stupid dam stimulus checks.

These masters behind the curtain pulling the strings needed an easy way to once and for all get a handle on just how many people there were in the country, exactly who they were, how much money they earned and an exact physical address for each and every physical person, their dependenents and anything else they wanted without waiting for anything as unreilable as a census to take place.

In a way it is and was a brilliant plan. Offer everyone in the country something no one would ever, ever trun down....FREE MONEY....no strings attached...no taxes paid on it....all you had to do was fill out an income tax form and we, you ever so generous government will send you a cechk for X number of dollars to help you out of this little slump.

And now the last of the check are going out, I know it's the last batch as my numbers are among the highest and sadly it has taken me this long to realize what the game has been all about.

All we can do now is sit back, watch and wait, be a lttle more prepared for marshall law when it comes, elections if they are allowed to take place vote to take each and every one of those currently in office OUT.

It is time for a new day in this country and it can only be done with a clean slate.

eboughalready

Russet Dead/ NBC Coverage

Congratulations and thank you NBC.

Thank you for proving me right in what I have been saying for many years now that your network would be much better suited as that of professional pallbearers rather than claiming to be "newscasters".

Perhaps you should consider moving your net work to China were indeed that is a legitimate profession and is at the present time seeing a shortage in professional mourners.

Poor Tim was not even cold and your team of "grievers" donned their bleary eyes, tissues, choked out sobs and broke out hours of stored footage always a hand to barrage us with "moments" in an unending barrage of tributes that still continue.

While I understand that he has left a major "vacuum" at your network you will be hard pressed to fill, I must ask you if whether or not you bothered learning anything at all from him?

He was but a man, a person I am sorry to say. Not a head of state, foreign leader, religious icon or political influential person assassinated in some horrible way.

He simply died. As hundreds of thousands of people do around the globe do everyday without so much as a "by the way", yet he was one of your own so we have been subjected to a never-ending eulogy/montage continuing even as I write.

You have allowed much more pressing and pertinent news of the day of much more value and concern to your viewers to slide the wayside in your self deluded, self centered, self aggrandizing selfish attempt to ensure you enshrined his memory well enough in viewers minds as to covers your past crimes of coverage.

You allowed entire cities, counties and states of our country to slide under water without even a word while you had person after person tout how wonderful and terrific an interviewer Tim was. 1,100 people escaped from a prison in Afghanistan and are still on the loose, but, the number of interviews Tim had or what he was doing prior to his collapse was far more important than informing your viewers. More of our soldiers died in both Iraq and Afghanistan but Tim's bond with his father was more important than their lives on these days, what misguided priorities. Malikies statements that he believed his country would not sign the pending treaty proposed to his country involving permanent bases and committal of our troops did not even warrant a mention during your continual monologue of Tim's prowess, not that this should surprise your viewers in any way as Iraq has fallen off your radar entirely unless it includes some more talking points provided by the White House. Al Sadir announced they would not partake in the upcoming elections and fight the occupiers, but yet pictures of Tim and his father were far more important to show on your screens ad nauseous.

It would have been bad enough had you dedicated only one channel to this nonsense, but no, you had to monopolize each and every channel you control so that no matter where one went looking for some relief, there was none to be found. Unless that is as a last resort, one went to FOX. Was that your intent? To drive away your viewers in your attempt to memorialize your icon?

In closing I can only restate my disappointment in your coverage of this sorrowful event and remind you of the simple fact that now matter how much you loved and respected Mr. Timothy Russet, he was simply a man. He will not be lying in state in the Capitol Rotunda, he will simply be buried at home in Buffalo like any of us would naturally be [give them some privacy, please]. And as you now ponder the demise of your other aging press corps members [of which there are many], please do not make this same mistake again.

Wherever Tim is now be sure he is looking over your shoulders shaking his head from side to side with dismay saying to himself, "gosh, I thought I taught them better than this".

Madame Feinstein

May 20, 2008
Madame Feinstein,
Please take careful note of my salutation because the title is not one of respect. Quite the contrary, I am using it to portray the depths to which you have allowed yourself to fall in the hallowed halls we the people of California have for far too long allowed you to remain.
What better way to explain the latest fiasco piece of “tuck and run” legislation in which you have participated? Attempting to slide a one-hundred page piece of legislation pertaining to Amnesty for millions of ILLEGAL immigrants during the dead of night defies comprehension. To what depths have you sunk that the only support for this scheme you could find [trolling the dark halls and empty stalls of the Capital?] where you found amid the empty stalls none other than “wide stance toe tapping” Larry Craig of Idaho? Out of 99 other Senators was this the best you could do? A man who has no reputation left? A man who has sworn to resign more than once to the public on national television, but yet continues blathering on on a daily basis helping no one but himself, trying to hold onto his political life. Was this issue not put to rest last year with the resounding sound of OUR voices when this travesty was first brought to the floor? What part of the country’s outcry did you not understand? Was the crashing of the Capitol’s switchboard not enough? Was the overwhelming number of e-mails received not enough? Perhaps even the tons of snail mail received by the Capitol never caught your attention.
Whatever reason this public outcry escaped your attention matters not at this point, what matters now is the way you have conducted yourself against the peoples you have been elected to represent. You have violated that ill-founded trust by your actions for whatever reasons you have chosen and we deserve an explanation NOW. This is not a minor issue that effects but a few of your constituents, as you would have your fellow conspirators in Congress believe. What I would like to know, and feel many of my fellow Californians as well many millions of other Americans would like to know is what special interest groups you are now representing instead of us. What possessed you to attaché this amendment to the back of a War Spending Bill [which is bad enough in its own right] in the dead of night? Why are you trying to torpedo our country’s already shaky security by opening our borders to a new flood of illegal immigrants that would be sure to arrive under the asinine provisions of your new amendment? Did you even stop to think of the ramifications the provisions you were putting into this bill?
Rather than even attempting the fruitless routine of e-mailing or calling your office I am instead sending this letter out via alternative means. I have grown sick and tired of receiving your stereotyped, canned, pre-packaged generic e-mailed responses to my previous correspondence or petitions which I have either signed or sent to your office. Your staff is either unresponsive or ill informed and cared not a bit what people have to say; they simply provide a canned rapid fire response to get people off the phone as quickly as possible. [What better way to be able to have those “vital statistics’ as to the volumes and numbers of people your office “helps”?]
In closing let me say you have become an even greater embarrassment to our state. I thought that your low point had been when you voted to approve the now Attorney General, against any grain of common sense to a logical person who watched or listened to his confirmation hearings. But no, now you have perpetrated this in the dead of night, fitting because this is the time when prostitutes make their money. And you Madame Feinstein have become the United States Senate’s Number One Largest Prostitute.
Alan Stuart
Palm Springs California

Alway$ follow the money

Is there any doubt, that the hierarchy of Bear Sterns will still receive huge bailout payments? Why that JP Morgan is will retain the rights to purchase the building even if their purchase FAILS within the 60 day time frame? Who else but our present administration could would and did concoct such a sweetheart deal to "rescue" their friends in time of need?
From the day, Mr. Greenspan walked into his office at the Fed, his assault on the banking system, as we knew it began. His primary goal was the abolition of the Sarbanes-Oxley Law which had kept the banks regulated from the types investing they could peruse with their institutions monies.
Everything else that our government/congress has deregulated in their infinite wisdom has had calamitous effects on our infrastructure. Like an octopus with its many legs stretching out to its fullest length, then quickly dragging back everything within its reach to its mouth.
Therefore, has it been with communications companies, where there once many few independent owner/operators now only mega corporate exist very willing to aid the administration in their illegal wire tapping programs.
Newspapers, magazines, radios and television stations now live under the same umbrella able to monopolize, as they so desire. Restrictions once protected shattered into the winds in pieces never again recoverable. Yet again the corporate monster grows in this feeding frenzy grows, although with this change major alterations with information sharing are now discerned. “Main stream media” [MSM] rather than the News as it once was known is thrown by the wayside as “corporate” leaders are now concerned with entertainment opposed to factual news. Our “news” has now become “censored” by and with what the “spin” doctors belonging/controlling the administration demand they say. How else to explain while when fighting a war three days are spent discussing the death of a blonde bombshell whose claim to fame was marrying an old codger and an appearance at the Supreme Court. Alternatively, day upon day of addle-minded “celebrity” publicity seeking stunts is she wearing panties or not?
Energy/oil companies alike once numbered in the hundreds are now gone. Oil wells once peppered the countryside now lay fallow and abandoned thanks to monstrous large corporations that have sucked our very own recourses dry. Electrical companies so huge they now cover numerous states not merely cities as they once did, powered not out of concern for their customers as once was the case, now it is only profit based. How else to explain massive blackouts which have occurred in the not to recent past? They care for their profits but not in the maintenance or replacement of long outdated equipment along the very power grids, they utilize. Rather they wait for the next performance Mother Nature lashes out then cry as they make the minimums of repairs necessary to keep he lines running. Hoping as they know will certainly be the case, an event of calamitous proportion aka Katrina, only larger, that wipes out an entire sector or massive grid or supply sector, only then will the Federal Government will be forced to take action. Only then will it be “discovered” with shock and dismay by these very owners, how out of date, and lack of functional ability their systems have been. “It shall take trillions upon billions” of taxpayers’ dollars to install such a fix and bring back the system, only better to 21st Century Standards this time. Just as been accomplished with the levees in New Orleans. The only trick question in this pop quiz is who repays the taxpayer for their initial outlay for repairing the downed electrical grid? If an answer is required, you shall remain in class for the rest of your life.
Mr. Greenspan would now like us all to believe he is or has been the “victim” in/with the unfolding disasters that are unfolding around the financial world today. Suffering as he is now the doddering old man from “poor me” syndrome, allows him continuous access thru above-mentioned newspapers, published books and paid speaking tours. This paragon of virtue on a recent trip to our oil producing friends encouraged them to switch their currency to the now richer than our own Euro. With friends like this…….as the saying goes.
Forget not that every time this man during his years of dis-service, at every hearing before committees he harped on one topic in his dry boring financial language that very few understood. His topic was simple his message always the same, to ensure continued growth of our economy, to ensure our way of life as we then saw it, we/they the congress-people MUST repeal that terribly restrictive Sarbanes-Oxley law that had been so rudely put on the books so many decades ago.
As you will now see, I will let others cover the ground necessary for me allowing me to end this.
U.S. News & World Report reported that, "Few can confuse Wall Street as thoroughly as Federal Reserve Board Chairman Alan Greenspan can."[17] Greenspan was In the wake of the subprime mortgage and credit crisis in 2007, Greenspan admitted that there was a bubble in the US housing market, warning in 2007 of "large double digit declines" in home values "larger than most people expect."[21] However, Greenspan also noted, “I really didn't get it until very late in 2005 and 2006.”[22]
"Besides sustaining the demand for new construction, mortgage markets have also been a powerful stabilizing force over the past two years of economic distress by facilitating the extraction of some of the equity that homeowners have built up over the years
However, Greenspan's policies of adjusting interest rates to historic lows contributed to a housing bubble in the US. The Federal Reserve acknowledges the connection between lower interest rates, higher home values, and the increased liquidity the higher home values bring to the overall economy.
"Like other asset prices, house prices are influenced by interest rates, and in some countries, the housing market is a key channel of monetary policy transmission." —Board of Governors of the Federal Reserve System, September 2005
In a speech in February 2004, Greenspan suggested that more homeowners should consider taking out Adjustable Rate Mortgages (ARMs) where the interest rate adjusts itself to the current interest in the market [7]. Greenspan based his recommendation on a fed study, which had shown that homeowners with ARMs had saved thousands of dollars during the last decade (a period during which interest rates had greatly decreased). Greenspan has come under fire for his recommendation, since it came at a time when interest rates were historically low. The fed own funds rate was at an all-time-low of 1%. A few months after his recommendation, Greenspan began raising interest rate, in a series of rate hikes that would bring the funds rate to 5.25% about two years later [8]. Hence, Greenspan's recommendation came at a time when interest rates bottomed out making it a particularly bad time to take out an ARM. A triggering factor in the 2007 subprime mortgage financial crisis is believed to be the many subprime ARMs that reset at much higher interest rates than what the borrower paid during the first few years of the mortgage.
Furthermore, in a speech on February 23, 2004, Greenspan suggested that lenders should offer to home purchasers a greater variety of "mortgage product alternatives" other than traditional fixed-rate mortgages.[29] Greenspan also praised the rise of the subprime mortgage industry and the tools with which it uses to assess credit-worthiness in an April 2005 speech:
"Innovation has brought about a multitude of new products, such as subprime loans and niche credit programs for immigrants. Such developments are representative of the market responses that have driven the financial services industry throughout the history of our country … With these advances in technology, lenders have taken advantage of credit-scoring models and other techniques for efficiently extending credit to a broader spectrum of consumers. … Where once more-marginal applicants would simply have been denied credit, lenders are now able to quite efficiently judge the risk posed by individual applicants and to price that risk appropriately. These improvements have led to rapid growth in subprime mortgage lending; indeed, today subprime mortgages account for roughly 10 percent of the number of all mortgages outstanding, up from just 1 or 2 percent in the early 1990s."[30]
Greenspan describes himself as a "lifelong Libertarian Republican [34]". On March 3, 2005, Democratic Senate Minority Leader Harry Reid attacked Greenspan as "one of the biggest political hacks we have here in Washington"[35] and criticized him for supporting Bush's 2001 tax cut plan.[36] Greenspan has also received criticism from Democratic Congressman Barney Frank and others for his support of Bush's plan to phase out Social Security in favor of private accounts.[37][38][39] Greenspan had said Bush's model has "the seeds of developing full funding by its very nature. As I've said before, I've always supported moves to full funding in the context of a private account."[40]
Economist Paul Krugman, a frequent Greenspan critic, wrote in the New York Times that Greenspan was a "three-card maestro" with a "lack of sincerity" who, "by repeatedly shilling for whatever the Bush administration wants, has betrayed the trust placed in the Fed chairman."[41]
Charges that Greenspan was veering beyond the Fed's purview of monetary policy into fiscal and political matters traditionally left to lawmakers became more prevalent, coming for example from sources such as Republican Senator Jim Bunning who voted against reconfirming him.[42] Then-Democratic House Minority Leader Nancy Pelosi stated that in 2005 there were serious questions about the Fed's independence because of Greenspan's public statements.
On February 26, 2007, Greenspan forecast a possible recession in the U.S. before or in early 2008.[48] Stabilizing corporate profits are said to have influenced his comments. The following day, the Dow Jones Industrial Average closed at 12,216.24 dropping by 416 points and losing 3.3% of its value, the worst one day loss since September 17, 2001, when the Dow Jones lost 684 points (7.1%) after reopening in the wake of the 9/11 terrorist attacks. This drop is not thought to be entirely due to Greenspan's recent comment, whose opinion is nonetheless substantially influential
In middle January 2008, hedge fund Paulson & Co employed Alan Greenspan as an adviser on economic issues and monetary policy.[9] This is the third private role given to Alan Greenspan, the first two being given by Deutsche Bank and bond Investment Company known as Pimco. As an adviser, Greenspan will advise Paulson & Co on economic issues surrounding United States and world financial markets.[10]
He will also counsel on monetary policy and falling housing prices and about a possible recession in the United States. Paulson & Co is famously known for its record profit making during 2007 by conducting bets against mortgage derivatives, which earned the firm billions of dollars last year, the only company known to make such a profit during the bursting of US housing bubble. The financial terms of the agreement were not disclosed and Greenspan must not, under the agreement, advise any other hedge fund manager while working for Paulson. [11]
In February 2008, he spoke at the Jeddah Economic Forum [12].

So here we are, I did not know that this little cretin was back on the government dole advising them on yet another one of his disastrous creations but I would be willing to bet the farm it was his brilliant idea to bailout Bear Stearns in the way it was done over this past weekend. Especially when you stop and consider the statement made by Paulson yesterday when confronted by a reporter yesterday who questioned saving banks over homeowners and Paulson’s reply was “what about the poor Investors?” What about them? Well, they were just that, investors that took a chance with disposable monies they had to play with and lost. Unlike John And Jane Schmuck who were legitimate homeowners minding their own business until a predatory lender convinced them to refinance their homes at a much better rate. Not bothering to explain what would happen to that rate later. Moreover, who was the one that created this fiasco, why Mr. Greenspan of course.
Follow the money: The Federal Reserve is a privately owned corporation>made up of other regional Federal Reserve’s which are also privately owned> the largest of these if the Federal Reserve Of New York> located of course in the heart of Wall Street>this is the fed that negotiated and carried out the sale of Bear Stern to JP Morgan. Who are the members of the cooperation or who owns the Federal Reserve? You might inquire the major corporate members who are in control of all the entities mentioned above as well as influential members of foreign governments and the new influx of foreign capital bailing out some of the institutions own it.
Myself, me and I believe the following is what is actually going down with our financial mess: This has, will and continue to be a deliberate concentrated full out assault on our economy that has been put into play since January 20, 2001. Beginning with Cheney’s energy “secret” meeting to plan and plot our unnecessary war to secure Iraq’s oil to this current dollar devaluation we are currently facing.
What could possibly the gained by the devaluation of the dollar? Wrecking the economy would not help them raise the price of oil would it? How could de-valuing the entire housing market be of any value to the administration? What happens if there is massive unemployment, who wins then? What about the election won’t that change things when he and company are booted out?
All very valid questions that deserve valid answers that I unfortunately am unqualified to give, I can however give my best assumptions to some of the above. I believe the inflated price of oil is based purely on speculation. Since this reign has taken office the major companies have all boasted “record profits” we have heard, but profits on what? They have done neither new exploration nor any substantial increases in the sizes of their reserves; however, what they have done is an incredible expansion of “BUYBACK” in their own company’s shares of stocks. In a twisted bizarre corporate sense of logic, this can make sense if you think about it. If you started buying, back your company’s stock back in 2001 when oil was roughly $35 a barrel, and continued until it reached say $ 75-$100 then stopped and sat on it waiting for it to go higher you would have already made a tidy profit. Take it one step further and say you also owned yet another corporation that had an arm involved with hedge funds that could sell LONG on oil futures ensuring the price of oil would keep on rising, would that not help your profit margin go up? Think of all those annoying shareholders you would no longer have to pay those annoying dividends to, would that not be the best of all corporate world thinking?
As to all of the other questions, they direct us to the police state which we stand on the precipice of, if the Senate passes SR 1959 that nonsense bill authorizing the thought police initiated by Harmon in the house we are all in big trouble. The Violent Radicalization of Homegrown Terrorism I believe is its name, yet more insanity following the Patriot Act and all acts that followed including but not forgotten the Military Commissions Act.
It was this administration that lead us hook line and sinker down the path of the WTO, removed us from long signed treaties, conventions, and honors we once held around the world. NAFTA, CAFTA more names and initials I can name all in the best interest of other countries yet having the same results here at home. We no longer manufacture anything of substance; we have allowed our country to become one of “importers” only running up a staggering trade imbalance in the process. Our spineless congress allowed to be taken into not one but two unnecessary wars by a president who rather than raising taxes to pay for his folly asked the people of his country to “go shopping”.
Go shopping indeed made no sense at the time, for none of us realized that the items we were shopping for [all made in China] in fact should be called “double dipping.” Not only were we shopping for all these “cheap” things we have grown accustomed to buying; no matter if they fell apart after two times, it was cheap, throw it away, but our country did not have the necessary funding to fight the very wars we had launched, so we went to the very country we were building the largest trade deficit ever recorded with and started borrowing yet more BILLONS of dollars that we did not have, adding yet more to the daily interest we have to pay. Did our president bother telling us any of this? I do not remember hearing about it from him, do you?
Back to the dollar and the bang for the buck what this all boils down to be that I am going to leave you as I started, with a question:
Is it possible that this has been the plan all along, to ditch the dollar, make it worthless as the Peso once was, then drag us kicking and screaming into something none of us want, the expansion of NAFTA with its superhighways

Dick Blossom Baby a satire

Dick Blossom Baby returned from his travels spreading good will and cheer throughout the Middle East, as is his custom around this time each year. All of the countries he visits have long-standing traditions in place to ensure that he is never disappointed. Knowing that he is but a mere humble spokesperson representing his president whom he worships and adores there is a request that will not be granted, within reason of course.
Rumors have it, he finds soaking in the perpetual sparkling flowing fountains located in his favorite respite hide-away places only the rich and famous can attend, such as Jerusalem, Golan Heights and of course floating upon the Dead Sea.
He is often quoted as saying after these relaxing soaking trips that he feels as though his “batteries have been recharged” and that “walking in JC’s footsteps really kinds of gets to him.”
Always on the move, he delighted the people in neighboring Palestine where they greeted him as usual with throngs of well-wishers who that were so over come with good tidings for him; in some places, the crowds were so overjoyed, at times they had to be moved and restrained behind chain link fences.
After constantly badgering his annoying keepers, they finally allowed him to go mingle amidst some of the shopkeepers in an outdoor market that had reminded him of one he had just yesterday walked thru unaccompanied in Bagdad and wanted to purchase some souvenirs. He was especially interested in those vests that all the young people seemed to be wearing in all of the countries he had been visiting, certain that all he brought them to would be delighted at their uniqueness.
Delighted over this outpouring of adoration he had one of his faithful dedicated freshly castrated Nubian associates contact the King of Arabia to postpone his arrivals there telling his aid ever so politely to “make up some fucking excuse or the other.” His new associate never having heard of such a thing, simply following instructions, called and left the message, verbatim.
Not daunted by such trivial things as schedules, Dick Blossom Baby left the confines of his security detail, bulletproof vehicles and even his “every ready battery charged defibrillator” behind to walk the streets of the Gaza Strip in search for a quiet Bistro to have luch with his friends.
The display of rockets bursting in the air over his head almost brought tears to his eyes that they had gone to all of this trouble just for him. Just the sight of the children and mothers running and screaming as they ran in his direction with open arms, really gave his heart that extra boost he so often needed.
The numbers of people shared tearful joyful goodbyes at the airport where yet again he was surprised in attendance. How he wished yet again he could read the language, the signs they were waving were so colorful and numerous, he just knew they had the kindest of messages. Atop the steps of Air Force Two he turned to wave his final good-bye when he saw what these wonderful people had done as a parting gesture his composure finally cracked and a tear fell down his check.
In the twilight that was now falling, all of the terrific people had taken off their outer jackets in this chill night air, laying them on the ground to spell out a farewell message just for him. He thought again about not being able to read what it said as he ducked and went into the plane then the door closed behind him and he forgot all about the message.
Had he bothered to look out of any the many windows, the message written very precisely so he would understand, it simply said:
FUK U GO HOM